The core PCE inflation gauge for the US economy rose to 2.8% in November 2025, up from 2.7% in October and matching market forecasts. It remains well above the Federal Reserve's target of 2%. On a monthly basis, core PCE prices rose by 0.2% in November, the same as in October, in line with market estimates. source: U.S. Bureau of Economic Analysis

Core PCE Price Index Annual Change in the United States increased to 2.80 percent in November from 2.70 percent in October of 2025. Core PCE Price Index Annual Change in the United States averaged 3.23 percent from 1960 until 2025, reaching an all time high of 10.22 percent in February of 1975 and a record low of 0.63 percent in July of 2009. This page includes a chart with historical data for the United States Core Pce Price Index Annual Change. United States Core PCE Price Index Annual Change - data, historical chart, forecasts and calendar of releases - was last updated on February of 2026.

Core PCE Price Index Annual Change in the United States increased to 2.80 percent in November from 2.70 percent in October of 2025. Core PCE Price Index Annual Change in the United States is expected to be 2.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Core PCE Price Index Annual Change is projected to trend around 2.10 percent in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-01-22 03:00 PM
Core PCE Price Index YoY
Oct 2.7% 2.8% 2.8%
2026-01-22 03:00 PM
Core PCE Price Index YoY
Nov 2.8% 2.7% 2.8% 2.7%
2026-02-20 01:30 PM
Core PCE Price Index YoY
Dec 2.8% 3% 2.8%


Related Last Previous Unit Reference
Core PCE Price Index 127.42 127.22 points Nov 2025
Core PCE Price Index YoY 2.80 2.70 percent Nov 2025
Core PCE Price Index MoM 0.20 0.20 percent Nov 2025
Core PCE Prices QoQ 2.90 2.60 percent Sep 2025
GDP Price Index 129.43 128.25 points Sep 2025
PCE Price Index 128.09 127.83 points Nov 2025
PCE Price Index YoY 2.80 2.70 percent Nov 2025
PCE Price Index MoM 0.20 0.20 percent Nov 2025
PCE Prices QoQ 2.80 2.10 percent Sep 2025


United States Core PCE Price Index Annual Change
In the United States, the Core Personal Consumption Expenditure Price Index provides a measure of the prices paid by people for domestic purchases of goods and services, excluding the prices of food and energy. The core PCE is the Fed's preferred inflation measure. The central bank has a 2 percent target.
Actual Previous Highest Lowest Dates Unit Frequency
2.80 2.70 10.22 0.63 1960 - 2025 percent Monthly
2017=100, SA